Foundation Receives $1 Million Gift

COCC Foundation receives $1 million gift from former student

The Central Oregon Community College Foundation announced today that it has received
a major gift of $1 million, a bequest that will be used to establish an endowed fund
to provide scholarship assistance for generations of COCC students to come.

The donor, John Overbay, a lifelong Bend resident, civic leader and retired business
owner, was one of COCC’s earliest students when he enrolled in 1952, the college’s
fourth year. Overbay attended night classes while also working at the Leonard Lundgren
Sawmill Company.

After earning a bachelor’s degree in business from Lewis & Clark College, he worked
for United Grocers and went on to run his in-laws’ grocery chain, Wagners, beginning
in 1980, ultimately purchasing the stores and managing the shopping center properties
that he helped develop around them, including Bend’s Wagner Mall. Albertsons would
acquire the grocery chain in the mid-1990s and the family company, Overbay Development
Inc., sold the Wagner Mall and Bend’s Pinebrook Plaza properties earlier this year.

A COCC Foundation donor and advocate for many years, Overbay served on the Foundation
board of trustees for 20 years, one of the longest tenures ever held by a member of
that board. He also spent 13 years on COCC’s board of directors, elected four times,
and co-chaired a capital campaign for the college that exceeded $6 million. In honor
of his involvement and contributions, a conference room in the school’s Health Careers
Center bears his name.

Three generations of Overbays have studied at COCC, including several of John and
late-wife Yvonne’s children, as well as some of their grandchildren. Currently, a
granddaughter is a student in the school’s health information management program.

“I’ve had the privilege of knowing and working with the first five presidents of
this college, and have now met the sixth,” said Overbay. “They are all great leaders.
I consider COCC to be among the best colleges you could find anywhere in this country.
It provided me, and has provided thousands of others, with a great education.”

“I am so appreciative of the generosity shown by so many Central Oregonians,” said
Dr. Laurie Chesley, president of COCC. “In meeting John, I was struck by how hard
he has worked to get where he is today, and by his desire to pass his good fortune
on to others. He is a very humble man and this is an incredible legacy for future
generations of COCC students.”

“This is a transformative gift,” said Zak Boone, the COCC Foundation’s executive director,
“and we are beyond grateful. This legacy will literally translate into hundreds of
fully funded scholarships going forward, to open doors and improve the lives of countless
Central Oregonians. The endowed fund, with a protected principal, will grow and spread
its impact into perpetuity.”

The COCC Foundation is a 501(c)(3) organization whose purpose is to further the educational
and charitable activities of the college through financial assistance to students,
fiscal support for college programs and in campaigns that support needed college capital
improvements.